Ready-to-go retail and residential site in Cork for €7.5m

DevelopmentSite: A ready-to-go site for a mixed-use retail and residential development in Ballincollig, Co Cork, is expected…

DevelopmentSite: A ready-to-go site for a mixed-use retail and residential development in Ballincollig, Co Cork, is expected to attract considerable interest when it goes for sale this week through Cork estate agents Frank V Murphy.

The agent is quoting around €7.5 million for the site of 1.15 acres which has direct frontage on to the main street in Ballincollig.

It also adjoins the Community College which has 1,200 pupils.

There is full planning permission for a licensed premises of 650sq m (7,000sq ft) and a further 241sq m (2,600sq ft) of commercial space, including retail. The planners have also cleared the way for 18 apartments, virtually all of them large two-bedroom units.

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There is provision for 66 car-parking spaces for the commercial facilities and 23 spaces for the apartments. All the apartments will have dual aspect. The high quality architectural design for the development includes a communal garden which will greatly enhance the scheme.